Credit/Private Debt
The team will bring a long/short credit strategy to Lazard’s alternative credit platform.
The plan recently hired a new general investment consultant, which will introduce new asset classes for potential inclusion.
The new hire will focus on market research in private debt.
A Midwestern pension plan approved a pair of credit commitments following interviews at a meeting today.
A Midwestern employees pension plan has issued an opportunistic credit manager RFP after increasing its target allocation to private credit last month.
The $5 million commitment was made last month following a presentation in August.
A Midwestern plan made three private markets commitments totaling $100 million last month.
A California pension fund added a $1 billion direct lending commitment.
A Western fund will focus on building out its global equity allocation after increasing it alongside its private investment allocation last week.
A university based in the Midwest adjusted its investment policy to allow future increases to its private debt allocations last month.
